we hosted an amazing AMA with RevenueCoin on the 14th of September
And here we will put some of the best questions:
Q1. Can you introduce yourself to our community?
Hello everyone! My name’s Jarek and I’m the CEO of Revenue Coin – a project revolutionising the way perspective blockchain startups are funded ๐
Q2. Can you briefly tell us what is RevenueCoin ?
We live in times of self-driving cars, drones capable of delivering packages and instant, wireless communication. But how come it still takes 6 months or more to fund companies with the success potential of Facebook or Googleโ๏ธ
With the RevCoin project we not only increase pace and access to capital. We build an Ecosystem of projects improving the blockchain infrastructure. The one which will change the world we know, the same way the internet has done it.
It is following a recent trend of seeking alternative forms of investing in startup projects, and, more precisely, following an investment model called Revenue-Based Financing (RBF).
So in essence, we are building an RBF, crypto fund. However, instead of offering to our investors a simple participation in revenue generated by the invested portfolio companies, we offer them a financial product (a derivative token โ Revenue Coin) based on these revenues. RevCoin itself becomes an investment asset, to be listed on multiple crypto exchanges. This, plus a deflationary mechanism embedded in the token economics, should result in much higher returns for the investors, compared to a classic RBF model.
Q3. Let’s now talk about the milestones you have achieved so far and about your upcoming plans?
Currently, the first portfolio companies of the Revenue Coin project (SkyRocket.trade and Exeria.com) have +20,000 active users. Our goal is to significantly increase the number of active users as this increases the amount of tokens burned.
We’ve got the first two companies selected and contracted to join the Revenue Ecosystem, with the underlying technologies worth +15mln USD – SkyRocket (https://skyrocket.trade/) and Exeria (https://exeria.com/).
They are handling investors from any financial market โ stocks, forex and crypto. The launch of ready-made robots without the need for human assistance on the forex and crypto markets. The creation of possibilities of developing and launching individual bots without the need for programming. The introduction of copy-trading. Integration with major exchanges โ Binance, OKEx, Bitmex.
We have also partnered with the world largest startup scouting platform – F6S, in order to run there a rolling call for tech projects to be included in our portfolio – please find more details at: https://revenuecoin.io/partnership-with-f6s-the-world-leading-platform-for-startup-founders/
Q4. Every project has a story behind their name, Can you tell us more about the story behind this? Who are the team behind this project? can tell us their background?
As a team, we’ve participated in creation and management of several crypto and non-crypto projects from the FinTech space – on board we have startup analysts, financial advisors, token architects as well as community builders and marketiers.
We are creating Revenue Coin as from our own experience we’ve realised how drained and retarded the current funding model for startups is – it is predominantly based on the equity taking and the process takes months for the startups to get funded.
With Revenue Coin we are reintroducing a revenue-based funding model, with the innovatory tweak in the form of a financial instrument (a tradeable token) behind it.
I’m saying this from the experience – for +5 years, I’ve been running a blockchain startup accelerator, facing the very issues described above.
With this solution in place, not only we’ll increase the pace and capacity of funding for startups but also substantially increase profitability of the participation, in the funds like ours, for our investors.
Q5. DeFi is one of the hottest and most sought-after topics in the blockchain space right now. Can you share your opinion on DeFi with us? Do you think DeFi will disrupt the current financial system? What is Revenue Coin’s approach to the DeFi sector?
We work hard to democratise the financial services market and with the Revenue Ecosystem in place we will make sure to have a solid contribution to building a better access for everyone. With the RevCoin project, we not only increase pace and access to capital. We build an Ecosystem of projects improving the blockchain infrastructure. The one which will change the world we know, the same way the internet has done it.
And here we will put best questions from our members and RevenueCoin fans:
Q1) Each project has interesting stories before it is created. So can you tell people about the story that gave you the motivation to build and develop a great project like RevenueCoin yours?
We live in times of self-driving cars, drones capable of delivering packages and instant, wireless communication. But how come it still takes 6 months or more to fund companies with the success potential of Facebook or Google?
With the RevCoin project we not only increase pace and access to capital. We build an Ecosystem of projects improving the blockchain infrastructure. The one which will change the world we know, the same way the internet has done it.
There is no such project taking place in the entire blockchain ecosystem right now – with its success we are making sure to democratise and revolutionise funding industry for prospective blockchain projects.
Q2) What is the competitive advantage your RevenueCoin project has that you feel most confident about?
The advantage of Revenue Coin over other projects is that the value of the token is not dependent on a single company, but on the entire ecosystem of the 20+ companies we’ll be investing in. Each company will be obliged to accept payments in RVC and burn tokens from their revenue.
This way our investors dilute the risk of investing in Revenue Coin by supporting a portfolio of several projects, working together and benefiting from the synergies created within the Revenue Ecosystem (joined access to client base, licenses and regulations, technology, etc.)
We have also partnered with the world largest startup scouting platform – F6S, in order to run there a rolling call for tech projects to be included in our portfolio – please find more details at: https://revenuecoin.io/partnership-with-f6s-the-world-leading-platform-for-startup-founders
Q3) How will your project generate profits / income to sustain your project and what is the revenue model? How will it benefit your investors and your project?
Profits are generated by a systematic buyback process, embedded in the token economics. It works in the following ways:
- companies from the Revenue Ecosystem generate revenue
- up to 10% of this revenue goes to buy back the RVC tokens from the market
- 50% of these tokens are burned (thus decreasing overall supply of RVC)
- remaining 50% is reinvested into new ventures, spent to cover operational costs – the remaining rest of it is considered as a profit
Q4) How can I get $RVC ?Are you conducting a pre-sale or public sale of the $RVC token?Where can I get information for purchasing $RVC ?What’s your plans to educate & raise awareness among the community to make people more understand about the future benefit by investing on $RVC?
We are still conducting a pre-sale campaign for our tokens (meaning, thereโs a very good moment to join the community of our investors โ ).
You can buy $RVC at https://revenuecoin.io/ ๐
or
The deposit addresses for the purchase of RVC tokens are as follows :
BNB: 0x6bEF0B70D067b00476d128f06837EddDa32233c2 – 53,000 RVC per 1BNB
BUSD: 0x5E3554E8D9369ea34e13e00B6C305E84B4d14979 – 134 RVC per 1BUSD
ETH: 0x8F13Ec04D96255B36dA90E56157d946851B07aA2 – 427 000 per 1ETH
Twitter : https://twitter.com/RevenueCoin
Telegram : https://t.me/revenuecoinENG
Telegram ANN: https://t.me/revenuecoinENG
Facebook: https://www.facebook.com/RevenueCoin-104150071811029
We are currently preparing a massive media campaign, targeting public sale participants, involving several high-level social media influencers with a global outreach.
As far as the communication strategy is concerned, we will focus on different regions separately. This will involve recruiting several project ambassadors as well as running active startup recruitment campaigns, in collaboration with local scouting communities.
Please bear in mind that we already cover 4 regions with the joined team effort – Eastern and Western Europe, West Africa and Latin America. We are currently working hard to further increase our visibility, thus you are all welcomed to contact us here https://t.me/
to discuss the project further โผ๏ธ๐
Q5) Revenue has the RVC and SRVC tokens, how would the tokens work within the project? The SRVC token known as Subscription Token, what is its function within Revenue and its characteristics? the SRVC token where can we buy it and how is the exchange of SRVC tokens to RVC token?
We donโt want you sitting idle while you wait for TGE of Revenue Coins.
Weโd like you to remain as excited as we are until RVC TGE on Dec 6, 2021. ๐
Thatโs why weโre offering Revenue Coin Subscription Tokens (SRVC). With SRVC, you get a gamified experience of subscribing to RVC. You can immediately trade, swap, or hold your tokens using popular, decentralised crypto exchanges such as Uniswap and PancakeSwap.
SRVC gives you the right to acquire RVC tokens once they are listed, joining in early, at the private sale phase. Due to its nature, you can sell or transfer your coins from wallet to wallet immediately after purchase.
โ SRVC tokens are not subject to vestingโ๏ธYou can fully dispose of all purchased tokens at your discretion. If, however, you believe in the steady and rapid price growth of RVC, why wait until TGE? With SRVC, you can join the Revenue Coin ecosystem and benefit from the increasing price of its tokens right now.
โ Unlike tokens purchased in a private offer, SRVC ensures full exchangeability for RVC in a 1:1 ratio without vesting. Thanks to this, you have immediate access to ALL your RVC tokens after TGE. However, the total number of SRVC available for purchase is limited, so not everyone will be able to purchase them.
โ SRVCโs lower investment amount, total liquidity and convertibility immediately after purchase, no vesting, and the guaranteed liquidity and minimum price justify its attractiveness and price on the markets.
You will find more information about SRVC here: https://revenuecoin.io/srvc/
Q6) ๐ฟ๐ค ๐ฎ๐ค๐ช ๐๐๐ซ๐ ๐ผ๐๐ฟ๐๐ ๐๐๐ง๐ฉ๐๐๐๐๐๐ฉ๐๐จ, ๐ค๐ง ๐๐ง๐ ๐ฎ๐ค๐ช ๐ฌ๐ค๐ง๐ ๐๐ฃ๐ ๐ฉ๐ค ๐ผ๐๐ฟ๐๐ ๐ฎ๐ค๐ช๐ง ๐ฅ๐ง๐ค๐๐๐๐ฉ, ๐ฉ๐ค ๐ข๐๐ ๐ ๐๐ฉ ๐ข๐ค๐ง๐ ๐จ๐๐๐ช๐ง๐ ๐๐ฃ๐ ๐ง๐๐ก๐๐๐๐ก๐?
We will pass a number of security tests offered by top companies in the industry, this will include CERTIK.
Q7) Can I buy your tokens right now, and if so, which wallets do yoou support? Can you tell me about your team’s history? How will you and your team complete this project in the midst of the current pandemic (COV-19)?
Yes, we have a token burning plan. Ten percent of revenue generated by Revenue Capital’s portfolio companies will be committed to buying and burning tokens from the market.
Q8)how can I buy It And
how to invest in your project
You can buy $RVC at https://revenuecoin.io/
or
The deposit addresses for the purchase of RVC tokens are as follows :
BNB: 0x6bEF0B70D067b00476d128f06837EddDa32233c2 – 53,000 RVC per 1BNB
BUSD: 0x5E3554E8D9369ea34e13e00B6C305E84B4d14979 – 134 RVC per 1BUSD
ETH: 0x8F13Ec04D96255B36dA90E56157d946851B07aA2 – 427 000 per 1ETH
Q9) how to buy or trade SRVC?
You can buy $RVC
You will find more information about SRVC here: https://revenuecoin.io/srvc/
And this was the end of our AMA with ReverueCoin.
If you have any other questions you can ask here:
โน๏ธโน๏ธ Useful links โน๏ธโน๏ธ
Website :- http://revcoin.io/
Facebook :- https://www.facebook.com/RevenueCoin-104150071811029
Twitter :- https://twitter.com/RevenueCoin